Will China’s new northern tech bases in Hebei and Tianjin spark local housing demand?

Source: Tech – South China Morning PostChinese technology companies establishing new headquarters and offices in northern cities around Beijing are expected to boost local rental demand, but analysts say home sales growth will be far milder than the surges delivered by traditional tech firms in previous years.
Local governments hoping that red-hot artificial intelligence or chip companies setting up headquarters or research and development centres would lift slumping property markets as in the previous cycle were likely to be…Read More

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